Commercial Lines Product Manager

2 days ago


Jersey City, New Jersey, United States Verisk Full time

Job Description
Verisk's ISO Commercial Lines Product Development division is looking for a highly motivated Commercial Lines Product Manager. This individual will work cross functionally to develop line of business strategy, monitor and take action on industry trends and develop a wholistic approach to defining and measuring success for the line.

The better we know our customers, the better we can serve them. Customer focus will guide all aspects of your work. You will engage with customers and respond to their feedback with key developments while also engaging the line of business team to develop products that anticipate customer needs. This includes running panels and other customer forums, representing the products to customers, meeting with them individually and being a key customer resource. You may also represent us at industry conferences and with professional organizations, including preparing and giving presentations and authoring or co-authoring white papers or articles.

Responsibilities

  • Responsible for measuring and monitoring the overall health and performance of the line of business, ensuring profitability, growth and market positions.
  • Collaborate cross functionally with coverage, actuarial, sales, IT, and data analytics functions for Verisk's Commercial products.
  • Develop and execute strategic plans and product roadmap priorities aligned with growth and profitability goals.
  • Identify emerging market trends and translate them into actionable product strategies.
  • Drive growth through new product development, market expansion and enhancement of existing products.
  • Act as an influential leader, inspiring cross functional teams that align to meet customer needs.

Qualifications

  • 5+ years of Commercial and/or General Liability insurance carrier or related experience.
  • Line of business experience would include a focus on product development (coverage or actuarial) or product management.
  • User of, or exposure to, ISO forms, rules or loss costs.
  • Demonstrated innovation in product design and strategy.
  • Strategic thinker with proven problem solving capabilities.
  • Travel up to 15% for customer interactions, industry conferences and internal meetings.

About Us
For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work Certification, we've been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World's Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.

We're 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

Verisk Businesses
Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Catastrophe and Risk Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events.

Marketing Solutions — delivers data and insights to improve the reach, timing,relevance, and compliance of every consumer engagement

Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

Verisk invests in a benefits package for all employees that includes the following: Health Insurance, a Retirement Plan, Disability benefits, and a Paid Time Off program. We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk's minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

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